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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Changes in Quanta's Goodwill | A summary of changes in Quanta’s goodwill is as follows (in thousands):
|  | Electric Power Infrastructure Services Division |  | Oil and Gas Infrastructure Services Division |  | Total
Balance at December 31, 2017: |  |  |  |  |  |
Goodwill |  | $ | 1,272,527 |  |  | $ | 693,905 |  |  | $ | 1,966,432 |
Accumulated impairment |  | — |  |  | (97,832 | ) |  | (97,832 | )
|  | 1,272,527 |  |  | 596,073 |  |  | 1,868,600 |
Goodwill recorded related to 2018 acquisitions |  | 43,181 |  |  | — |  |  | 43,181 |
Purchase price allocation adjustments |  | 51 |  |  | — |  |  | 51 |
Foreign currency translation adjustments |  | (8,772 | ) |  | (5,396 | ) |  | (14,168 | )
Balance at June 30, 2018: |  |  |  |  |  |
Goodwill |  | 1,306,987 |  |  | 687,789 |  |  | 1,994,776 |
Accumulated impairment |  | — |  |  | (97,112 | ) |  | (97,112 | )
|  | $ | 1,306,987 |  |  | $ | 590,677 |  |  | $ | 1,897,664 |
Other Intangible Assets | Quanta’s intangible assets and the remaining weighted average amortization periods related to Quanta’s intangible assets subject to amortization were as follows (in thousands except for weighted average amortization periods, which are in years):
|  | As of |  | As of |  | As of
|  | June 30, 2018 |  | December 31, 2017 |  | June 30, 2018
|  | Intangible Assets |  | Accumulated Amortization |  | Intangible Assets, Net |  | Intangible Assets |  | Accumulated Amortization |  | Intangible Assets, Net |  | Remaining Weighted Average Amortization Period in Years
Customer relationships |  | $ | 326,181 |  |  | $ | (150,677 | ) |  | $ | 175,504 |  |  | $ | 327,334 |  |  | $ | (137,333 | ) |  | $ | 190,001 |  |  | 6.8
Backlog |  | 135,772 |  |  | (134,885 | ) |  | 887 |  |  | 136,266 |  |  | (135,847 | ) |  | 419 |  |  | 0.7
Trade names |  | 80,279 |  |  | (19,289 | ) |  | 60,990 |  |  | 74,797 |  |  | (17,057 | ) |  | 57,740 |  |  | 15.8
Non-compete agreements |  | 37,601 |  |  | (28,843 | ) |  | 8,758 |  |  | 37,760 |  |  | (27,659 | ) |  | 10,101 |  |  | 3.6
Patented rights and developed technology |  | 22,507 |  |  | (18,427 | ) |  | 4,080 |  |  | 22,529 |  |  | (17,611 | ) |  | 4,918 |  |  | 2.9
Curriculum |  | 9,000 |  |  | (399 | ) |  | 8,601 |  |  | — |  |  | — |  |  | — |  |  | 9.6
Total intangible assets subject to amortization |  | 611,340 |  |  | (352,520 | ) |  | 258,820 |  |  | 598,686 |  |  | (335,507 | ) |  | 263,179 |  |  | 8.8
Engineering license |  | 3,000 |  |  | — |  |  | 3,000 |  |  | — |  |  | — |  |  | — |  |  |
Total intangible assets |  | $ | 614,340 |  |  | $ | (352,520 | ) |  | $ | 261,820 |  |  | $ | 598,686 |  |  | $ | (335,507 | ) |  | $ | 263,179 |  |  |
Estimated Future Aggregate Amortization Expense of Intangible Assets | The estimated future aggregate amortization expense of intangible assets subject to amortization as of June 30, 2018 is set forth below (in thousands):
For the Fiscal Year Ending December 31, |  |  |
Remainder of 2018 |  | $ | 20,880 |
2019 |  | 38,683 |
2020 |  | 37,265 |
2021 |  | 34,932 |
2022 |  | 31,403 |
Thereafter |  | 95,657 |
Total |  | $ | 258,820 |

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